Top Blunder Frequently Committed by Six-Figure Business Titans
Mistakes to Avert When Launching a Thriving Business:
Starting a business often comes with its own set of challenges and lessons, even for those financially or outwardly successful. In fact, the blunders made by multi-million dollar business owners can be more dangerous since there's more at stake. Here's a common mistake I've witnessed in my 14+ years of entrepreneurship, particularly among online business owners in the last 5 years:
They're working themselves to the bone, often to the point of exhaustion.
The thinking goes like this: "If I work my butt off now, things will become easier later on."
But here's the catch—that frantic, "hustle hard" mindset isn't temporary. It's ingrained in their schedules, business models, tactics, and so on. So, if they ever decide to slow down, their business can't sustain itself.
Please remember that financial success doesn't necessarily equate personal fulfillment, professional excellence, work-life balance, or time freedom.
To escape hustle culture and build a sustainable business, I highly recommend checking out the free Anti-Hustle Productivity training.
As a solopreneur, do you desire to save 10 hours per week?
Check out the on-demand training:
- A 3-part system for perfecting work-life balance.
- Productivity self-assessment checklist.
- 9 issues hindering solopreneurs, along with solutions for each (with practical steps!).
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Because of this, their businesses often fail to thrive. They either have weak boundaries or toxic relationships with clients, contractors, and their community. They become stressed and burnt out, neglecting their personal life as their business takes over.
If you're curious about setting boundaries in business, click here for an article!
This error is crucial to avoid, as it can lead to an unsustainable business model. Regardless of the financial success, a business may fail to offer personal fulfillment, professional excellence, work-life balance, or time freedom.
Yes, you can build a business without making this mistake.
To prevent this issue as a small business owner, take the time to establish solid foundations for your business, ones that don't rely on you working non-stop for the business to function or grow. That includes implementing a productivity methodology tailored to your personality, making your business sustainable rather than exhausting.
Ready to get started? Dive into the Productivity Powerhouse e-course! Inside, you'll find tips for freelancers and solopreneurs on escaping toxic productivity and hustle culture and avoiding the pitfalls made by multi-million dollar business owners.
Want a sneak peek of Productivity Powerhouse? Click here!
Extra Reading:
- Solopreneur ROI Audit (simple 6-question assessment)
- Is it okay to take a break from your business? (If I take a break from my business, will my business break?)
- To achieve a better work-life balance and save time as an entrepreneur, consider enrolling in the on-demand training that offers a 3-part system for perfecting work-life balance, a productivity self-assessment checklist, and solutions to issues hindering solopreneurs.
- Despite financial success, a business can fail to provide personal fulfillment, professional excellence, work-life balance, or time freedom if it's built on a "hustle hard" mindset and relies on the owner working non-stop.
- To escape hustle culture and build a sustainable business, consider taking the free Anti-Hustle Productivity training and learning how to establish solid foundations for your business that don't require you to work excessively.
- It's possible to build a thriving business without making mistakes that lead to unsustainable models. The Productivity Powerhouse e-course offers insights and tips on escaping toxic productivity and hustle culture avoid the pitfalls made by successful business owners.
